Thank you, Madam Chair. Claims between contractors and their subs could range from a huge, huge variety of situations. A bond is a time-sensitive tool, and if a subcontractor with a legitimate claim fails to take action under the bond on the assumption that the GNWT will intervene for some reason, they may
jeopardize their ability to pursue relief provided by the surety. We make sure that the large projects have bonds in place to protect the subs and we make sure that those are adhered to, but individuals have to make sure that they utilize them as well.